Why Airbus Flies Off
With Boeing's Business

Updated Oct. 21, 2002 12:01 a.m. ET

The latest Airbus aircraft order coup ("Airbus Is Awarded easyJet Order For 120 New Planes Over Boeing," Oct. 15) should come as no surprise.

Since taking over as CEO of Boeing in 1992, Philip Condit has allowed Boeing's core business to erode from a market dominance of almost 80% (including the McDonnell Douglas operations Boeing acquired in 1997) to what will now be less than 50% for the second year in a row. What's worse,...